Molycorp completes commissioning of rare earth cracking facility


Molycorp (MCP +2%) says the final unit of its multi-stage cracking plant at Mountain Pass has completed commissioning and is operational.

The cracking plant is part of a multi-stage chemical process designed to increase the facility`s rare earth recovery rates, boost production throughput, and contribute to lower unit production costs.

MCP says the cracking plant and other plants that comprise Mountain Pass will continue to be optimized to increase operating efficiencies and cut costs.

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  • Michael Bryant
    , contributor
    Comments (6739) | Send Message
     
    Time to buy (MCP). Stock getting cheaper. Maybe it'll hit $1 like everything back in March 2009.
    19 Dec 2013, 10:30 AM Reply Like
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